The forecasted production of ice cream and other edible ice in Finland shows a downward trend from 33.409 million liters in 2024 to 27.459 million liters in 2028. Comparing the year-on-year variations, the production decreases by approximately 4.5% from 2024 to 2025, 4.7% from 2025 to 2026, 4.9% from 2026 to 2027, and 5.1% from 2027 to 2028. Given these figures, the Compound Annual Growth Rate (CAGR) over the 5-year forecast period is around -4.7%.
In 2023, the value of sold production stood higher than the forecast for 2024, indicating an ongoing decline starting from 2023. The continuous reduction in production highlights challenges within the industry that may include changing consumer preferences, market saturation, or economic factors impacting disposable income.
Future trends to watch for include consumer interest in healthier alternatives, possible technological advancements in production and supply chain efficiencies, and potential impacts of climate change on agricultural inputs. Monitoring competitive dynamics and regulatory changes will also be crucial for understanding long-term market shifts.
